Fact Pattern 24-1A (Questions A1-A2 Apply)

question 3

Multiple Choice

Fact Pattern 24-1A (Questions A1-A2 apply)
Flik draws a check payable to "DeliMart" to buy groceries.
-Refer to Fact Pattern 24-1A.With respect to Flik's check,DeliMart is

• A)the drawee.
• B)the drawer.
• C)the maker.
• D)the payee.

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Definitions:

Supply Chain Management

The coordinated management of all activities involved in sourcing, procuring, producing, and delivering goods or services to consumers.

Supplier Network

A group of suppliers that are interconnected and interact with one another to supply goods or services to a particular company.

Customer Network

Refers to the web of relationships a business builds with its customers, often to foster loyalty, repeat business, and referrals.

Dark Side

Refers to the negative or undesirable aspects of something, often hidden or not immediately obvious.